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"Oracle Corp. shares declined in premarket trading after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI infrastructure business." Learn the hard way if you want. Profits are what matter.
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Oracle Corp. shares declined in premarket trading after the company reported quarterly capital expenses that were higher than estimates, raising investor concerns about the profitability of the AI inf...
www.bloomberg.com
Oracle Falls After Data Center Costs Overshadow AI Growth
Justin Mikulka
Late 1990s dotcom bubble: Eyeballs are the only thing that matter, not profits. 2000s housing bubble: Loan money to people who can't pay it back. Real estate only goes up in value! 2020s AI bubble: Speed is the only thing that matters. In the end, profits are what matters.
1mo